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Showing posts from September 6, 2015

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

A MEDICAL EVACUATION PLANE WITH 7 PEOPLE,DISAPPEARED YESTERDAY NIGHT OFF SENEGAL COAST.

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                 According to the Senegalese civil aviation authority said to day sunday that a medical evacuation plane with seven people on board,including a French patient,disappeared off the coast of Senegal yesterday saturday night,during a flight from Burkina Faso to Darkar.The private Senegal air plane from Ouagadougou disappeared from radar screens at 7:08pm west of Dakar.The army has sent out two planes and a naval vessel to look for the plane.The plane was carrying three crew members,a doctor and two nurses as well as the patient.Those on board included two Algerians and a citizen of Congo,although the aviation authority did not specify whether this meant the Democratic Republic of Congo or Republic of Congo.The plane,chartered by SOS Medicin Senegal ,had left Ouagadougou at 4:30pm.

N4 MILLION WORTH OF FAKE DRUGS,SEIZED BY NAFDAC IN JIGAWA STATE.

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               Today sunday,the National Agency for food and Drug Administration and Control {NAFDAC} in Jigawa said that it confiscated fake and unregistered drugs worth four million naira in the last two years.The NAFDAC  State Coordinator Mr Olaniran Olakunle,disclosed this in Dutse while presenting to newsmen some suspects allegedly arrested with fake drugs in Gwaram and Malammadori Local Government areas.Olakunle said that most of the suspects arrested with fake and counterfeit drugs during the period were in rural communities across the state.He said that fake drugs such as mixacrip tablets,herpgra,busaka,polycid and tramadol capsule were seized from some patent medicine vendors in Gwaram and Malammadori last week.The value of drugs seized from them is about N250,000.The coordinators said the suspects were being investigated to ascertain the sources of the products in order to bring the entire chain to justice.He further said that the suspects would soon be charged to court.He ur

ARMED ROBBERS,RAIDED YOUTH CORPS MEMBERS LODGE IN OGUN STATE YESTERDAY.

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                    Yesterday saturday morning,armed robbers invaded the residence of National Youth Corps  members serving in Ogun state.The residence is located behind Development Centre,Presidential Boulevard,Abeokuta,the Ogun state capital.The robbery at the lodge,which is the third within five months,occurred at about 3:00am when the Youth Corps members were fast asleep.Items lost include some amount of money,ten laptops and over twenty five telephones.An eyewitness account has it that the bandits exploited the absence of security in the vicinity to gain access to the lodge and at gun point robbed the Youth Corps members.The armed robbers forced their way into each flat at gun point and thereafter embarked on the raid,unhindered.Two of the bandits moved from one room to the other to ransack,while the other two stayed outside to attack anybody that resisted.The Youth Corps members said they had earlier reported the two previous incidents to the police but no action was taken until

WILLIAM & KATE 4 MONTH OLD DAUGHTER PRINCESS CHARLOTTE,IS WORTH $5 BILLION ALREADY.

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                          According to CNN,the daughter of the Duke and Duchess of Cambridge will be worth nearly $5 billion to the British economy.According to Brand Finance,her brother Prince George is worth $3.6 billion.Princess Charlotte is trailing her mother Catherine who is worth $7.2 billion but given that Princess Charlotte has only appeared in public twice,the day she was born,and during her christening.The value she's already generating for British business is impressive.The ''Charlotte effect' brought a huge uplift to fashion and other brands the little princess has worn or been associated with.Her birth generated economic benefits of more than $150 million,Brand Finance estimates.CEO David Haigh ''The unofficial endorsement of Charlotte,George and Kate in particular has a profound financial effect running into millions annually''.More photos below.